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Goodbye Super-Committee, Hello Stupor-Committee: It's Official - "No Agreement"

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 21 Nov 11 2:18 AM | 54 view(s)
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Msg. 36447 of 45651
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Submitted by Tyler Durden on 11/20/2011 - 17:28 headlines ratings

As if anyone is actually surprised by the headlines appearing from Bloomberg with regard the Super-Committee - which in retrospect is perhaps a little aggressively-named:

*SUPERCOMMITTEE SAID TO ANNOUNCE NO AGREEMENT REACHED

*U.S. DEBT SUPERCOMMITTEE ANNOUNCEMENT SAID LIKELY ON MONDAY

While not immediate, it would seem obvious that a ratings downgrade can't be far behind this event given the reasoning for the last downgrade and the clear indication by this lack of agreement that nothing-has-changed.

Comments: 9
Reads: 397

http://www.zerohedge.com/news/goodbye-super-committee-hello-stupor-committee-its-official-no-agreement

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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